Click chart for in-depth premarket data. LONDON (CNNMoney)
Here are the five things you need to know before the opening bell rings in New York.
1. More records in sight: U.S. stock futures were looking steady Wednesday, leaving investors guessing whether the Dow Jones Industrial Average and S&P 500 could move on to new all-time highs.
U.S. stocks were on fire Tuesday. Both the Dow and S&P 500 broke records while the Nasdaq closed 1.1% higher.
The CNNMoney Fear & Greed index is currently pointing to 'extreme greed'.
Related: The 5 top performing stocks from the first half of 2014
2. Economic data to watch: There's a handful of economic data releases due Wednesday morning. The most influential could be the ADP employment report for June due at 8:15 a.m. ET, providing a preview to Thursday's jobs figures.
"While the report's ability to foreshadow non-farm payrolls readings are highly inconsistent from month to month, traders still look to the print to set the tone ahead of the official jobs figures' publication," said Ilya Spivak, a currency strategist at DailyFX.
Then at 10 a.m., the U.S. government will report the monthly change in factory orders for May.
3. Yellen speaks, markets listen: The head of the Federal Reserve, Janet Yellen, will be speaking at the International Monetary Fund at 11 a.m. Investors will be watching for clues as to how long the Fed will wait to raise interest rates once its bond-buying program ends later this year.
4. Potential stock movers -- JPMorgan, AbbVie: Investors will be watching JPMorgan (JPM) shares after CEO Jamie Dimon announced he was diagnosed with a curable throat cancer. He will continue working as he undergoes treatment.
Shares in the pharmaceutical firm AbbVie (ABBV) were volatile in premarket trading. The company has been looking to take over rival Shire (SHPG) in the U.K. but has faced continued resistance from Shire's management.
Related: The 5 worst performing stocks from the first half of 2014
5. International markets overview: European markets were mixed in early trading.
All the major Asian markets ended with gains, taking their cue from Wall Street's record-setting run Tuesday.
First Published: July 2, 2014: 5:03 AM ET
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